Tag: Central Bank of Nigeria
CBN To Nigerian Banks: Publish Names, BVN Of Forex Defaulters
The Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who try to break the rules on Forex acquisition...
Boost For Food Security: CBN Disburses N1.487tr
The Central Bank of Nigeria (CBN) has disbursed N1.487 trillion under its various agricultural programmes to boost food security.
Its Governor, Mr Godwin Emefiele, made...
CBN Says Banks Can Offer Youths N2b Agric Loan At 5%...
The Central Bank of Nigeria (CBN) has authorized commercial banks to give up to N2 billion maximum loan to youths interested in going into...
CBN To Nigerians: Beware Of Investment Schemes
The Nigerian public has been warned by the Central Bank of Nigeria to beware of fraudulent loan offers and investment schemes.
The acting Director, Corporate...
Forex Sales To BDCs By CBN Resume September 7
The Central Bank of Nigeria has said it will resume the sale of foreign exchange to the Bureau De Change segment of the foreign...
Forex Abuse: CBN Moves To Clamp Down On Erring Dealers
The Central Bank of Nigeria has said it is eliminating foreign exchange abuse and other practices by dealers which affect goods purchased by the...
Accessing N100b Loans: Medical Firms Given Conditions By CBN
To access the N100bn loans provided by the Central Bank of Nigeria for firms in the healthcare sector, a corporate entity must submit its...
Nigeria’s Reserves Dip To $39.2b, Puts Pressure On Naira
It has been revealed that the decline in Nigeria’s foreign exchange reserves which dipped to $39.2 billion is threatening the naira.
For two years the...
Cashless Policy: Reps Order CBN To Suspend Action
The Central Bank of Nigeria (CBN) has been ordered by the House of Representatives to suspend the recently re-introduced cashless policy.
It was reported that...
Inter-Bank Forex Market: CBN Injects Fresh Rounds Of Funds
The Central Bank of Nigeria, in another round of intervention, Friday, injected over $337m into the Inter-Bank Foreign Exchange (Forex) market.
The CBN also intervened...
